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US lawmakers reiterate concerns about 'sham' crypto firm audits to PCAOB
Cointelegraph.com News - 22 March 2023, 7:35 pmTwo U.S. senators cited the collapse of FTX when writing to the PCAOB chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well. United States Senators Elizabeth Warren and Ron Wyden have cited the recent collapse of three major banks to call on the Public Company Accounting Oversight…Read More
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Bitcoin price whipsaws as Fed says rate hikes may not be ‘appropriate’
Cointelegraph.com News - 22 March 2023, 7:09 pmBitcoin sees swift fluctuations after the Fed hikes 0.25%, but Chair Jerome Powell hints that policy may now change. Bitcoin (BTC) saw heavy volatility on March 22 as the United States Federal Reserve hinted that it might stop interest rate hikes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell on rates: “‘May’ and ‘some’ instead of ‘ongoing’”Data…Read More
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Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025
Bitcoin News - 22 March 2023, 7:05 pmFollowing the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in the U.S. Banking Sector It’s been…Read More
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French lawmakers propose ban on crypto influencer promotions
Cointelegraph.com News - 22 March 2023, 7:04 pmAccording to the proposal, individuals caught violating these prohibitions could face a two-year prison sentence and a 30,000 euro fine. French lawmakers have proposed a ban on the promotion of certain financial products and services by electronic means, including crypto assets, in order to protect consumers from potential risks. The proposed amendment is to Bill no.…Read More
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SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21
Cointelegraph.com News - 22 March 2023, 7:00 pmCointelegraph explored the United Arab Emirates to see how NFTs are used in the region. SVB collapse chilled NFT trading volumes: DappRadarThe recent collapse of the Silicon Valley Bank (SVB) resulted in dwindling numbers for NFT trading volumes, with traders holding on to their assets amid the banking crisis in the United States.Before the crisis,…Read More
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Blockchain messaging is going to replace Telegram and Discord
Cointelegraph.com News - 22 March 2023, 6:20 pmYour crypto wallet will become your mailbox and offer functionalities that Web2 messaging platforms like Discord and Telegram can only dream about. A new era of messaging applications will soon cross the chasm of Web3 mass adoption. Web3 messaging applications will become an integral part of the blockchain ecosystem, allowing users to communicate with each…Read More
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US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’
Bitcoin News - 22 March 2023, 5:30 pmAccording to the U.S. Federal Reserve, the central bank’s Fednow payment service will start operating in July, and participants will be certified in April to leverage the Fednow Pilot Program. Ken Montgomery, the Fednow program executive, is urging American financial institutions to make preparations to join the central bank’s new payment service. Economist Richard Werner,…Read More
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Price analysis 3/22: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
Cointelegraph.com News - 22 March 2023, 5:26 pmTechnical charts are beginning to suggest that BTC is at the end of its bear market cycle, and traders believe this could yield positive results for most altcoins. Bitcoin (BTC) has been sustaining above the $25,000 level for the past few days, increasing the likelihood that the bear market may have ended. Generally, in the…Read More
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‘No shortage of passion in the Parisian people’ for PBW amid protests — Animoca Brands CEO
Cointelegraph.com News - 22 March 2023, 5:15 pmAs it hosts Paris Blockchain Week, France’s capital city has seen protests following the government pushing through a bill raising the national retirement age from 62 to 64. Robby Yung, CEO of metaverse ecosystem developer Animoca Brands, seemed to suggest that, despite the recent attempts to debank crypto and protests on the streets of Paris, confidence…Read More
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A third of US crypto holders have experienced theft: Report
Cointelegraph.com News - 22 March 2023, 4:47 pm10% of crypto holders surveyed made no attempt at protecting their assets; victimization varied strongly by age. Cybersecurity services provider Kaspersky has released a report on risks associated with cryptocurrency use. The report titled “Crypto Threats 2023” focused on the United States and uncovered some surprisingly poor user security habits. Kaspersky surveyed 2,000 American adults in…Read More
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Biggest Movers: XRP Surges to Strongest Point Since November
Bitcoin News - 22 March 2023, 4:00 pmXrp moved to its highest point since November, as markets reacted to news suggesting a verdict could be near in Ripple’s case with the Securities and Exchange Commission (SEC). Cardano was also higher on Wednesday, hitting a one-month high. XRP XRP rose to its highest point since November, as markets continued to react to the…Read More
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‘Get comfortable with discomfort’ for Web3 success: PBW 2023
Cointelegraph.com News - 22 March 2023, 3:00 pmA group of professionals in Web3 took to the Venus de Milo stage at Paris Blockchain Week 2023 to discuss the dos and don’ts of metaverse regulation. The metaverse continues to be a hot topic in the Web3 space, with a group of industry professionals taking to the Venus de Milo stage at Paris Blockchain…Read More
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Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Billion in 2022
Bitcoin News - 22 March 2023, 2:30 pmAfrican countries’ debts totaling more than $20 billion were written off in the past year, Russian President Vladimir Putin said on March 20. Putin also revealed that trade between Russia and Africa had nearly reached $18 billion by the end of the year. According to the Russian leader, the majority of the world is opposed…Read More
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Traditional banks rely on ‘tiny buffer’: Paris Blockchain Week 2023
Cointelegraph.com News - 22 March 2023, 2:28 pmSignature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes. The first day of Paris Blockchain Week (PBW) is bringing more thoughts on the ongoing crisis in the global banking system, with industry executives comparing the collapses of major cryptocurrency firms like FTX with the fall…Read More
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7 free learning resources to land top data science jobs
Cointelegraph.com News - 22 March 2023, 2:07 pmDiscover seven free resources to learn data science and land top jobs. Data science is an exciting and rapidly growing field that involves extracting insights and knowledge from data. To land a top data science job, it is important to have a solid foundation in key data science skills, including programming, statistics, data manipulation and…Read More
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Circle CSO’s Twitter account breached by scammers
Cointelegraph.com News - 22 March 2023, 1:42 pm“Any links to offers are scams. We are investigating the situation and taking action accordingly,” wrote USDC issuer Circle. According to an official post on March 22 from Circle, issuer of the USD Coin (USDC) stablecoin, the Twitter account for its chief strategy officer and head of global policy, Dante Disparte, has been compromised. In…Read More
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Tether CTO on USDC depeg: ‘Bitcoin maxis were right all along’ | PBW 2023
Cointelegraph.com News - 22 March 2023, 1:38 pmPaolo Ardoino said that recent events in the crypto space demonstrate that Bitcoiners were right and that Bitcoin is the “ultimate way” to hold wealth. At Paris Blockchain Week 2023, Tether chief technology officer Paolo Ardoino spoke with Cointelegraph reporter Joseph Hall to discuss topics such as USD Coin (USDC) breaking its dollar peg and…Read More
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Multichain wallet BitKeep raises $30M at $300M valuation
Cointelegraph.com News - 22 March 2023, 1:30 pmThe firm previously raised $15 million at a $100 million valuation in May 2022. On March 22, cryptocurrency derivatives exchange Bitget announced a $30 million investment into the multichain wallet BitKeep at a $300 million valuation. The deal will see Bitget become the controlling shareholder of BitKeep and allow the latter to “access to the…Read More
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Creating ‘organic’ generative art from robotic algorithms: Emily Xie, NFT Creator
Cointelegraph.com News - 22 March 2023, 1:30 pmNew York NFT artist Emily Xie explores the tension between creativity and “cold and robotic” algorithms. Punk6529 and DC Investor are collectors. New Yorks Emily Xie is exploring the new frontier of digital art by combining her skills and passion for computer science and generative art. In a little under two years, since she minted her…Read More
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Metaverse brings new problems and opportunities to music licensing
Cointelegraph.com News - 22 March 2023, 1:02 pmWith the rising popularity of Web3 and the metaverse, songwriters and musicians are wondering what music licensing will look like in this new space. The term “metaverse” is becoming increasingly common, but while many people have likely heard it used, they often don’t know what it means. It can be difficult to explain the term to…Read More
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MetaMask Institutional unlocks solo ETH staking marketplace
Cointelegraph.com News - 22 March 2023, 1:00 pmMetaMask Institutional has introduced a new staking marketplace to give institutional users access to solo Ether staking. MetaMask Institutional is set to be an avenue for the creation of new Ethereum validators after announcing a new staking marketplace for its institutional clients.Institutions that make use of MetaMask’s institutional-grade wallet and custody service will be able to…Read More
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Onecoin Head of Legal and Compliance Charged for Role in Crypto Pyramid
Bitcoin News - 22 March 2023, 1:00 pmAuthorities in the U.S. have announced charges against a former Onecoin executive for her alleged role in the notorious crypto pyramid scheme. Bulgarian national Irina Dilkinska, who was extradited on Monday, may face up to four decades in prison if found guilty on counts of fraud and money laundering. Bulgarian Woman Handed Over to US…Read More
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Bitcoin, Ethereum Technical Analysis: BTC Nears Fresh 9-Month High as Fed Meeting Looms
Bitcoin News - 22 March 2023, 12:32 pmBitcoin moved closer to a fresh nine-month high on Wednesday, as markets prepared for today’s Federal Reserve interest rate decision. The Fed is expected to hike rates by 0.25%, despite inflation falling last month to 6%. Ethereum briefly rose above $1,800 in today’s session. Bitcoin Bitcoin (BTC) closed in on a fresh nine-month high in…Read More
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Blockchain Games Key to Onboarding a ‘Critical Mass of Users Onto Web3’ — Claudio Riff
Bitcoin News - 22 March 2023, 11:30 amAccording to Claudio Riff, the CEO of Pooky, a sport prediction game powered by blockchain, gaming may be one of the more effective ways of getting users to experience the potential of blockchain and Web3 without dealing with the associated complexities. Onboarding People to Web3 Through Gaming Pointing to the gaming industry’s appeal and reported…Read More
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Undeads Announces the Prize Pool of MAYC, BAKC and Otherdeed NFTs for Its Holders
Bitcoin News - 22 March 2023, 11:00 amPRESS RELEASE. Dubai, UNITED ARAB EMIRATES, March. 22nd, 2023, Undeads Metaverse, a highly anticipated AAA Web3 game, is excited to announce a competition for Undeads NFT holders. The competition will be broken down into three prizes. The first prize is the coveted MAYC NFT, while the second prize is the Bored Ape Kennel Club NFT.…Read More
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Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation
Bitcoin News - 22 March 2023, 8:30 amThe Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to enter a new hyperinflation period, with the government trying to hide it by not offering…Read More
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Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report
Bitcoin News - 22 March 2023, 6:30 amBitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed to Withdraw Up to 50% of Their Bitcoin at the Exchange Users of…Read More
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